Book-1 Chapter 24: Give Me Some Truth – Submarine U530

Dr. K. explains how some NAZI gold left Germany before the end of WWII:

“Over one thousand tons. By 1945 they had over ONE
THOUSAND tons of gold in their bank. That was an INCREASE of
over six hundred million dollars! In 1940, the whole budget for the
United States was nine billion dollars. Just the increase in gold, that
little ole Argentina had in their bank, was nearly seven percent of the
budget of the biggest economy in the world. Now how do you
account for that? Or that…” Dr. K. paused as he fished his hand
around in the inside breast pocket of his blazer. He pulled out a
folded paper that he unfolded and read from, “Let me see here,
Switzerland increased their reserve gold by 106%, Spain’s went up by
147%, Sweden’s by 184%, Turkey’s by 265%, and last, but by no means
least, Portugal increased their gold reserves by four hundred sixty
percent!” He then handed the paper to Lou.

“They were all neutral during the war,” Bonner stated to Lou.

“Including Argentina, where my school chum was born and
raised by his Argentinean mom and ex-U-boat sailor dad. Now he
and I once got into a very interesting discussion, back in school. He
and I would often talk about it, whenever we got together, even years
later. See he contended that the U-530 his dad sailed on was out
making deliveries, before they surrendered in Argentina.”


“That was part of their cargo, but he thinks that much more than
that was going on.”

“Why? Sounds simple to me, the Nazi’s load up some gold,
before the Russian’s overran them in Berlin. They bury some in that
mine and ship some out by submarine.”

“That’s all I figured, too. Until Carlos started telling me about
what he had picked up on as a kid, growing up around his father. For
one, the 530 left Norway in April 1945, just weeks before the German
surrender. But they didn’t show themselves until July 1945. Now that
type of sub had a thirteen thousand mile range. Norway to Argentina
is nearly seven thousand miles. If they traveled at ten knots, they
would have gotten there in under a month. What were they doing for
the other two months? Think about it! Germany surrendered to the
Allies in May. And this sub doesn’t show up until July?”

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